Retail
West Marine to Shutter Five California Stores in Chapter 11 Restructuring, Cutting Home-State Footprint to 12
West Marine, the boating-supply retailer born in California nearly six decades ago, will close five of its 17 stores in the state as...
Apple Shutters Escondido Store at 1.3MM-SQFT North County Mall, Dealing Fresh Blow to Owners’ Turnaround Bid
Apple’s June 20 exit from the Escondido shopping center now branded Mershops North County strips one of the property’s marquee tenants at the...
Rosemead Place Retail Center Secures $46MM Cash-Out Refinance on 337,000 SQFT Asset
The Target-anchored Rosemead Place has been recapitalized with a $46 million permanent loan, pulling fresh equity out of one of the San Gabriel...
Harridge Development Group Secures $135MM Schroders Loan for Baldwin Hills Crenshaw Plaza in Los Angeles
Harridge Development Group has secured a $135 million loan from Schroders for Baldwin Hills Crenshaw Plaza, the 870,000-square-foot Los Angeles retail property the...
JH Real Estate Acquires 330,000-SQFT FIGat7th Retail Center From Brookfield for $68.5MM in Downtown Los Angeles
JH Real Estate Partners has purchased the FIGat7th open-air retail center in downtown Los Angeles for $68.5 million, capturing a fully leased financial-district...
31,000 SQFT Sunset Pointe Shopping Center in Stevenson Ranch Lists for $10.9MM at 6.35% Cap Rate
A national-credit-anchored neighborhood retail center in the supply-constrained Santa Clarita Valley submarket of Stevenson Ranch has hit the market at a 6.35 percent...
Calabasas Investor Lands 43,000 SQFT Malibu Canyon Plaza for $12.7MM as Seller Fields 10-Plus Offers
A private Calabasas investor has acquired the 42,546-square-foot Malibu Canyon Plaza, a partially vacant two-story retail and office center, for $12.7 million after...
First Washington Realty Lists Ralphs-Anchored, 119,000 SQFT Village Center at Rose in Placentia
First Washington Realty has tapped CBRE to sell Village Center at Rose, a fully owned, Ralphs-anchored neighborhood shopping center in Placentia, betting that...
Kimco Realty Lists Corona Home Depot at Corona Hills Plaza for $29.9MM at 5.35% Cap Rate
Kimco Realty has tapped CBRE to market a corporate-leased Home Depot anchoring the 489,151-square-foot Corona Hills Plaza in Corona, betting that a blue-chip...
Scarce Supply and a Value-Luxury Barbell Power Southern California Retail Into 2026
Southern California’s retail landlords are navigating a market where almost no new space is being built, demand is bifurcating between deep-discount and luxury...
Erewhon Resurrects Vacant 24,900-SQFT Virgil’s Hardware Building as 14th LA-Area Grocery Store in Glendale
Erewhon has converted a long-shuttered 1970s hardware store on North Glendale Avenue into an upscale grocery destination, anchoring a roughly 24,900-square-foot redevelopment that...
Westland Development Lands $85MM Construction Loan for 140-Unit Project at 55 North La Cienega in Beverly Hills
After more than a decade in the entitlement pipeline, Westland Development Group has secured $85 million in construction financing to build what is...
